In English v Keats a deed of appointment intended to achieve tax advantages which was not correctly executed was rescued by the ancient equitable doctrine in Tollet v Tollet. In Moorthy it was held that the income tax exemption for termination payments made on account of injury to an employee included injury to feelings. In Goode Cuisine relief from the 15% SDLT rate for corporates buying residential property was not available to a company acquiring a dwelling for conversion to seven letting rooms as part of its bed and breakfast business. In Raftopoulou the defence of reasonable excuse could not apply to a late claim for repayment of tax. The government has published a consultation relating to payments on account of residential property gains; it has also launched a policy paper on the new income tax allowances for property and trading income; and we still await confirmation on EU...
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